Question

The list price of goods (cost at Rs. $100$) is cost plus $100$% and the invoice is $20$% less than the list price. Hence, the invoice price will be ___________________.

• A. Rs. $200$
• B. Rs. $160$
• C. Rs. $100$
• D. Rs. $180$

Answer 1

The correct option is B Rs. $160$

This can be solved as:

Cost Price Rs.100

Add: Marign 100% of Rs.100 Rs.100

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List Price Rs.200

Less: Discount @20% Rs. 40

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Invoice Price Rs.160

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